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India needs to step up ex ...

Huge gold import is one of the reasons for India's high CAD that touched 6.7 per cent of GDP in the October-December quarter.

posted by penpip 1 hour 47 minutes ago read more >>
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Canadian Dollar to US Dol ...

Although the Canadian Dollar climbed against its peers yesterday as local existing home sales data exceeded expectations, the

posted by wizardfx 1 hour 3 minutes ago read more >>
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USD/CAD hits session high ...

USD/CAD hit 1.0214 during early U.S. trade, the pair's highest since June 13; the pair subsequently consolidated at 1.0205, g

posted by forexanalysis 2 hours 18 minutes ago read more >>
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Rupee at 58.77: Hits reco ...

Despite concerns about the current account deficit, analysts say recent measures to curb gold demand could help dent imports

posted by rosales 1 hour 19 minutes ago read more >>
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Elliott Wave Forecast: US ...

Although the greenback has rebounded after falling to 1.0137 late last week, reckon upside would be limited to 1.0225-30 and

posted by GAINSY 5 hours ago read more >>
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Loonie Down for Third Day ...

Canadian dollar is declining against the US dollar for the third day in a row as the Federal Reserve begins its two-day meeti

posted by MMarquit 4 hours ago read more >>
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USD/CAD above 1.0200 ahea ...

We look for US CPI to print in line with expectations, boosted by gasoline and food prices, while housing starts may marginal

posted by realtrade 3 hours ago read more >>
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USD/CAD: Loonie Reverses ...

For the 24 hours to 23:00 GMT, the USD rose 0.30% against the CAD to close at 1.0190.

Economic news indicated th

posted by GAINSY 10 hours ago read more >>
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European Factors to Watch ...

MARKET SNAPSHOT AT 0614 GMT: LAST PCT CHG NET CHG S&P 500 1,639.04 0.76 % 12.31 NIKKEI 13,007.28 -0.2 % -25.84 MSCI ASIA EX-J

posted by ceronueve 13 hours ago read more >>
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Seoul shares may edge up ...

Other markets around the world markets rose and the dollar strengthened against the yen on Monday due to expectations the Fed

posted by PipChecker 18 hours ago read more >>
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CAD

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Elliott Wave Forecast: USD/CAD - Sell at 1.0280

posted by Avatar GAINSY 7 days ago in USD, CAD, Technical

Yesterday's selloff suggests top has been formed at 1.0421 earlier last month and near term downside bias remains for this fall from there to bring a stronger retracement of early rise to 1.0149, then towards 1.0100, however, near term oversold c read more
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USD/CAD Fundamental Analysis June 12, 2013 Forecast

posted by Avatar ananais 7 days ago in CAD, Commodities

Gold and oil tumbled today which might weigh heavily on the CAD during the US trading session, otherwise there is little eco data or news flow to move the pair. FxEmpire provides in-depth analysis for each currency and commodity we review. Fundamental ... read more
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USD/CAD: Loonie Trading On The Positive Side This Morning

posted by Avatar GAINSY 8 days ago in USD, CAD, Fundamental

On Friday, the USD declined 0.60% against the CAD to close at 1.0214. However, losses were capped as reports showed that Canada added the most jobs in a decade in May and also recorded a drop in its unemployment rate. read more
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USD/CAD bounces off lows

posted by Avatar chuzzle 8 days ago in CAD

USD/CAD had fallen to daily lows at the 1.0180 area following upbeat Canadian housing data, but found support once again at that level. USD/CAD has managed to trim losses, and it is currently trading at the 1.0200/05 region, still 0.2% below its ... read more
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USD/CAD steady after Canadian data

posted by Avatar HarrisClan 8 days ago in CAD

Investing.com - The U.S. dollar was steady against its Canadian counterpart in light trade on Monday, after the release of upbeat housing starts data out of Canada, while the greenback remained supported after Friday's U.S. employment report. USD/CAD ... read more
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Rupee crashes to 58: Experts say June rate cut under cloud

posted by Avatar friendlydude 8 days ago in CAD

The RBI, which has time and again voiced concerns about the widening CAD, is unlikely to cut interest rates in the June Policy, the brokerage told CNBC-TV18. A Bank of America Merrill Lynch (BofA-ML) report says rate cut by the Reserve Bank is likely ... read more
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Seoul shares may bounce after sharp fall, eyes on Samsung Elec

posted by Avatar Louis 8 days ago in USD, EUR, JPY, CAD

------------------MARKET SNAPSHOT @22:29 GMT----------------- INSTRUMENT LAST PCT CHG NET CHG S&P 500 1,643.38 1.28% 20.820 USD/JPY 98.08 0.56% 0.550 10-YR US TSY YLD 2.179 -- 0.000 SPOT GOLD $1,381.99 -0.05% -0.750 US CRUDE ... read more
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Stabilising the rupee

posted by Avatar rosales 9 days ago in CAD

It is these flows that prevented a free fall in the rupee, despite the Indian economy running a record $90 billion-plus current account deficit (CAD) in its external transactions in 2012-13. Between last July and end-April, before the current round of ... read more
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USD/CAD recovery capped by 1.0230

posted by Avatar roldan 11 days ago in CAD

USD/CAD fell to a fresh 3-week low of 1.0163 as Canada's job creation surpassed by over 6 times expectations, while the unemployment rate fell to 7.1% in May. However, the greenback managed to trim losses afterwards, although the bounce has been ... read more
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Week in FX Americas Canada Bests US Jobs by a Country Mile

posted by Avatar posh 11 days ago in CAD, Economic Indicators

However, buyer loonie beware. This Canadian jobs report should be taken with a grain of salt, as one employment report does not completely change a trend. Least we forget, in March Canada's commodity, interest rate sensitive sister country down-under, ... read more
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USD/CAD Fundamental Analysis June 10, 2013 Forecast

posted by Avatar romil 11 days ago in CAD

The USD/CAD is exchanging at 1.0207 giving up 56 points after Canadian jobs showed a huge jump in employment change, while the US jobs market beat expectations by a slight amount. The Canadian dollar was higher Friday amid a strong jobs report for ... read more
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Elliott Wave Forecast: USD/CAD - Stand aside

posted by Avatar GAINSY 11 days ago in USD, CAD, Technical

Failure to extend early rebound and current selloff suggests a temporary top has been formed at 1.0421 last week and near term downside risk has increased for retracement of recent rise to 1.0149 support and possibly towards 1.0100, however, reck read more